Geostrategy

Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

Erdogan and Putin likely to discuss Africa flour supply deal: Report

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin are likely to discuss a deal on...
  • "Both leaders spoke earlier about plans to process Russian grain into flour in Turkey and sending it to the poor nations of Africa," a diplomatic source told TASS.
  • A spokesman for Turkey’s grain association said in turn that Turkish producers were ready to start implementing the project.

Schools shut in Makkah region after heavy storms and downpour

The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere...
  • The storm brought gale force winds exceeding 80 kilometers (50 miles) per hour, Hussein al-Qahtani, spokesman for the National Centre for Meteorology.
  • The Makkah neighborhood of Al-Kakkiyah recorded 45 millimeters (1.8 inches) of rain within 24 hours, the meteorology center shared in a post on X.

Russia’s goal is to end war West unleashed in Ukraine: Putin

Johannesburg, South Africa -- Russia's special military operation pursues the goal of ending the war in Ukraine unleashed by a...
  • Russia has decided to support the people who are fighting for their culture, for their traditions, for their language and for their future.
  • He said it was the wish of a number of Western countries to preserve their hegemony in the world that "has led to the grave crisis in Ukraine."

One fourth of all investors in state securities have left Russia: Minister

Moscow, Russia -- One fourth of all investors in state securities have been forced to leave the Russian market due...
  • Russia's Finance Minister Anton Siluanov the government will find ways to replace the investors to create funds required for development of the economy.
  • Moscow's incursion into Ukraine has made Russia the most sanctioned country in the world. Western nations have regularly increased the sanctions.

India first nation to land spacecraft near Moon’s south pole

The landing of the unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, comes days after a Russian probe crashed in the...
  • The Chandrayaan-3 mission has captivated public attention since launching nearly six weeks ago in front of thousands of cheering spectators.
  • Chandrayaan-3 took much longer to reach the Moon than the Apollo missions in the 1960s and 1970s, which arrived in a matter of days.

Wildfire briefly halts marine traffic on Turkish strait

The fire forced the evacuation of a local university and closure of a highway running through the blaze. The Turkish...
  • The emergency response service said it had evacuated seven villages and was preparing to help people leave three more on Turkey's northwestern coast
  • The good news is that the winds seem to blowing away from the city centre of Canakkale, Agriculture and Forestry Minister Ibrahim Yumakli said

Iran ready to boost military ties with Russia: General Heidari

Tehran, Iran-- Iran will boost military cooperation with Russia as the two countries look to strengthen strategic partnership. According to...
  • The Iranian army commander made the remark during a meeting with the Commander-in-Chief of the Russian Army, General Oleg Salyukov, in Moscow
  • The two generals pledged to continue promoting mutual ties between the ground forces of the two countries in various fields in the coming months

Divided border village at heart of Israel-Lebanon tensions

The latest tit-for-tat exchange saw Israeli Defence Minister Yoav Gallant and the chief of Lebanon's powerful Hezbollah movement, Hassan Nasrallah,...
  • According to municipal figures, the village is home to around 3,000 people, who took Israeli citizenship after Israel seized the Golan Heights from Syria
  • Lebanese authorities consider the expansion of Ghajar, with its pastel-coloured homes spreading to the north in recent decades, as an infringement on their land

Two civilians dead in Russian strikes in northwest Syria: rescuers

The Syrian Observatory for Human Rights, a monitoring group, said the strikes near Ain Shib had targeted "military bases belonging...
  • Two strikes ONTuesday near Ain Shib hit the facility where displaced Syrians had been living
  • Earlier Tuesday, Russian air strikes targeting a rebel base north of Idlib city killed three members of HTS

Peace between Saudi Arabia and Israel not imminent: White House advisor

Washington, United States - The US National Security Advisor Jake Sullivan on Tuesday said that the prospect of a peace...
  • Asked if a deal would be announced soon, Sullivan said "There are still ways to travel... but peace between Israel and Saudi Arabia will be a big deal."
  • The White House's efforts to foster a reconciliation between Saudi Arabia and Israel stem from its belief that such an outcome would be in US national security interests

Israel says received bodies of two Gaza hostages from Red Cross

Not including the latest two, Hamas have so far given back the remains of 15 of the 28 deceased hostages...

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Iran, US to resume high-stakes nuclear talks in Rome amid sanctions and mutual distrust

Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons - an allegation Tehran...

Israeli strikes kill 24 after Hamas calls for ‘comprehensive deal’

Gaza's civil defense spokesman Mahmud Bassal said early Friday that crews had "recovered the bodies of 10 martyrs and a...

Israel making Gaza unlivable, expands control over half of the territory

Jerusalem, Undefined -- By seizing large swathes of the Gaza Strip, Israel is redrawing the map of the Palestinian territory,...

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Deadly US strikes hit Yemen fuel port used by Huthis

The US military said it had destroyed a key Yemeni fuel port as it targets the country's Huthi rebels, who...
  • The attack on the Ras Issa fuel port aimed to cut off a source of supplies and funds for the Iran-backed Huthis, the US military said
  • Washington has hammered the Huthis with near-daily air strikes since March 15 in a bid to end their attacks on civilian shipping and military vessels

Hamas rejects Israel’s truce plan, demands full withdrawal and end of war in Gaza

The Palestinian militants' chief negotiator spoke out after civil defence rescuers in Gaza said new Israeli air strikes killed at...
  • A Hamas source told AFP that the group sent a written response Thursday to mediators on Israel's latest proposal for a 45-day ceasefire
  • It also called for the freeing of 1,231 Palestinian prisoners from Israeli jails and the entry of humanitarian aid into Gaza

40 mostly displaced Gazans killed in Israeli strikes

Civil defense spokesman Mahmud Bassal said two Israeli missiles hit several tents in the Al-Mawasi area of the southern city...
  • Bassal said that Israeli strikes on two other encampments killed a further nine people -- seven in the northern town of Beit Lahia, and a father and son near Al-Mawasi.
  • Two more attacks in Jabalia -- one that killed at least seven members of the Asaliya family, and another that killed six people at a school being used as a shelter.